The Hydrogen Stream: Jera to Invest Up to $13 Billion in Hydrogen, Ammonia by 2035
Japanese power generator Jera says it aims to take the lead in developing the global hydrogen & ammonia value chain
PV Magazine International 4:54 pm on May 21, 2024
Jera plans to invest $13 billion in hydrogen and ammonia by 2035, with a target handling volume of approximately 7 million tons. It aims to pioneer the global value chain for these energy carriers, collaborating with companies like Siemens Energy on electrolyzer installations. The European Union has adopted regulations promoting renewable energies and gas networks integration. Cepsa selected Siemens Energy for PEM electrolyzers at its green hydrogen plant, while Thyssenkrupp was chosen for alkaline water technology electrolyzers in Australia.
- Jera's investment and value chain leadership: Allocating up to $13 billion into hydrogen & ammonia technologies, with a target of handling 7 million tons by 2035.
- EU regulatory changes: New EU regulations for integrated renewable energy networks and gas legislation reform are now in effect.
- Cepsa's green hydrogen initiatives: Partnership with Siemens Energy on PEM electrolyzers, aiming to produce 400 MW of green hydrogen by 2030.
- Thyssenkrupp's alkaline technology selection: Chosen for electrolyzer supply at Australia's Green Iron Project in Gladston, Queensland.
- UK government stance on EV subsidies: UK energy minister insists that no electric vehicle (EV) subsidy will be offered.
https://www.pv-magazine.com/2024/05/21/the-hydrogen-stream-jera-to-invest-up-to-13-billion-in-hydrogen-ammonia-by-2035/